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4 years ago

Assume the U.S. dollar and the Canadian dollar are traded in flexible currency markets.

Business

1 answer:

erica [24]4 years ago

7 0

Answer:

B. Higher interest rates in the United States relative to Canada.

D. Decreasing GDP in the United States than in Canada.

Explanation: A flexible currency market is market where the exchange rate is determined by some economic factors which includes

High interest rate- if the interest rate on the United States is higher than that in Canada most investors will be moved to Borrow money from Canada instead of Borrowing from United States leading to reduced demand for The United States dollar which will lead to depreciation of the United States Dollar.

Decreasing GDP- when the gross domestic product of the United States economy decreases the general productivity level in the United States is decreased which will discourage foreign investors from investing in the United States leading to reduced demand for the United States Dollar.

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DASH Airlines is considering the addition of a flight from Red Cloud to David City. The total cost of the flight would be $1,100

Talja [164]

Answer: add this flight because marginal revenue exceeds marginal costs.

Explanation:

Since the total cost of the flight would be $1,100, of which $800 are fixed costs already incurred, then the variable cost in this case will be )$1100 - $800) = $300.

Since the expected revenues from the flight are $600, thus implies that the total revenue exceeds total variable cost and therefore Dash should add the flight because total revenue is more than total variable cost and the marginal revenue exceeds marginal costs.

7 0

3 years ago

Waupaca Company establishes a $440 petty cash fund on September 9. On September 30, the fund shows $193 in cash along with recei

exis [7]

Answer:

petty cash fund 440 debit

cash 440 credit

--stablishment of the fund--

freight-in 46 debit

postage expenses 78 debit

miscellaneous expenses 111 debit

cash shortage loss 12 debit

Cash 247 credit

--reimbursement of the fund--

petty cash fund 50 debit

Cash 50 credit

--incerase of the fund to 490--

Explanation:

The petty fund will be stablish using cash, so we decrease cash and create the petty fund.

Then, the expenditures will be against cash, so we don't have to use the petty fund account.

Lastly, to increase the fund we take from the cash account the 50 dollars increase.

5 0

4 years ago

Which choice best describes labor laws passed during the New Deal?

Airida [17]

The answer would be

A. union-friendly

because during the new deal labor laws that favored unions were passed

3 0

3 years ago

Read 2 more answers

How planning interacts with other functions

Lubov Fominskaja [6]

Answer:

Planning might help your day work better. When and if you have a job, you could plan when your getting there, and when you can have dinner.

Explanation:

hope it helps

5 0

3 years ago

Contribution Margin and Contribution Margin Ratio

emmainna [20.7K]

Answer:

See below

Explanation:

Variable food and packaging = $6,129.7

Variable payroll = $4,756.0

Variable general, selling and administrative expenses = 40% × $2,487.9 = $995.16

Fixed general, selling and administrative expenses = 60% × $2,487.9 = $1,492.74

Fixed occupancy = $4,402.6

Total fixed cost = $1,492.84 + $4,402.6 = $5,895.34

Total variable cost = Variable food and packaging + Variable payroll + Variable general, selling and administrative expenses

= $6,129.7 + $4,756 + $995.16

= $11,880.86

a. McDonald's contribution margin

= Sales - Variable cost

= $18,169.3 - $11,880.86

= $6,288.44

b. McDonald's contribution margin

= Contribution margin / Sales

= $6,288.44 / $18,169.3

= 34.61%

c. Increase in operating income

= $500 million × 34.71

= $173,050,000

7 0

3 years ago